Ascending Triangle Setup in EUR/JPY

EUR/JPY trades at the upper end of an ascending triangle, offering opportunities in both directions.

Key Levels - Current Price: 143.07



Level    Type           Significance
144.85   Resistance   4/6 high (all-time high)
143.04   Support        23.6% of 137.19-144.85 EUR Rally
141.94   Support        38.2% of 137.19-144.85 EUR Rally
141.02   Support        50% of 137.19-144.85 EUR Rally / supporting weekly trendline
140.12   Support        61.8% of 137.19-144.85 EUR Rally
139.71   Support        3/28 low

Weekly Chart I

Daily Chart I
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